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. >>> apple and samsung have renewed their legal rivalry with a new lawsuit. samsung file add new suit claiming patent infringement against apple's new iphone 5. in a statement today samsung said quote we have little choice but to take the steps necessary to protect our invasions and intellectual property rights, end quote. >>> on wall street stocks finished the day mixed. dow industrial lost 32 and uncertainties about health of the economy in spain. nasdaq gained 6. >>> jp morgan chase is facing a new lawsuit over the activities of right before the economic melt down. a federal mortgage tax force claims committed fraud. the allegation involved mortgage security deals that cost investors billions of dollars between 2005 and 2007. jp morgan bought bear sterns back in 2008. >> this case is underlining the essential principle of the working group which is that there's one set of rules for everyone, and we will not tolerate fraud. >> this is the first lawsuit filed by the task force set up by the obama administration to conduct during the financial crisis. jp morg
. >>> apple and samsung have renewed their legal rivalry with a new lawsuit. samsung file add new suit claiming patent infringement against apple's new iphone 5. in a statement today samsung said quote we have little choice but to take the steps necessary to protect our invasions and intellectual property rights, end quote. >>> on wall street stocks finished the day mixed. dow industrial lost 32 and uncertainties about health of the economy in spain. nasdaq gained 6....
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. >>> samsung is free to sell its galaxy 10.1 tablet computer in the united states. it did not illegally use technology developed by apple. the jury found many of samsung's other products did infringe on apple patents. >>> major apple investor tells "fortune" magazine that he heard from multiple sources that a smaller version of the ipad will soon be released. the investor says invitations to the unveiling of the near 8" screen tablet go out on october 120th. if that's the case, fortune reports the smaller ipad could be in stores in time for christmas shopping. >>> heard about tanning beds and skin cancer, and now researchers say the earlier people use them, the greater the risk. researchers at ucsf looked at studies going back to 1977. they found people younger than 25 who use tanning salons had a significantly higher risk of developing nonmelanoma skin cancer than those who tanned outside. >>> as cold season gets under way, experts say don't turn to vitamin d for relief. new zealand scientists say it doesn't help fight colds. they followed 322 adults for more than
. >>> samsung is free to sell its galaxy 10.1 tablet computer in the united states. it did not illegally use technology developed by apple. the jury found many of samsung's other products did infringe on apple patents. >>> major apple investor tells "fortune" magazine that he heard from multiple sources that a smaller version of the ipad will soon be released. the investor says invitations to the unveiling of the near 8" screen tablet go out on october 120th. if...
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for samsung because people said, i'll just buy a samsung. >> thank you, scott. >>> a ton of action on the waterfront this week. it's the start of fleet week. today marks the start of qualifying races for round of two the america's cup world series. >>> a lot of action out there. we are live on the bay. he has more for us this morning. captain, take it away. >> reporter: good morning. just off pier 30 where some of the catamarans are moored. you'll see 11 more of these out here out on the bay, near alcatraz, near the golden gate. first round of qualifying for the america's cup world series, which is actually back for a second time this year. in august, it was out here. now it's back, coinciding with fleet week. out there on the water, john craig. we were talking about this earlier. you're a sailor yourself. you used to coach the canadian olympic team. i didn't realize how physical it was for these guys that are out there on these boats. >> yeah, i think when the boats were originally designed, nobody was sure how much it was going to take. olympic and professional sailors are all comme
for samsung because people said, i'll just buy a samsung. >> thank you, scott. >>> a ton of action on the waterfront this week. it's the start of fleet week. today marks the start of qualifying races for round of two the america's cup world series. >>> a lot of action out there. we are live on the bay. he has more for us this morning. captain, take it away. >> reporter: good morning. just off pier 30 where some of the catamarans are moored. you'll see 11 more of...
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toxic chemicals including lead, mercury hazardous flame retardants and others iphone 5 finished fifth, samsung galaxy s3 finished 9th. we have links to the study on abc7news.com. >>> oracle's ceo ellison says he plans to turn hawaiian island he bought recently into an eco lab. he wants to experiment with more environmentally ways to live on lanai. he would like to see more electric cars on the island. he wants to increase fruit exports to japan and other markets. ellison bought a lot of lanai in june from billionaire david murdoch. the idea of more electric cars to get rid of regular cars. i think a lot of people don't want cars there, period. >> very true. >> next, how amtrak hopes to get you onboard by slashing fares. >> race against the clock to complete new western span of the bay bridge. >>> plus, important warning about supplements for weight loss and health. why the feds want to get the it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning
toxic chemicals including lead, mercury hazardous flame retardants and others iphone 5 finished fifth, samsung galaxy s3 finished 9th. we have links to the study on abc7news.com. >>> oracle's ceo ellison says he plans to turn hawaiian island he bought recently into an eco lab. he wants to experiment with more environmentally ways to live on lanai. he would like to see more electric cars on the island. he wants to increase fruit exports to japan and other markets. ellison bought a lot...
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. >>> a federal judge today lifted a ban of samsung tablets. the jury there ordered samsung to pay apple more than $1 million nor infringement. >>> the heat wave sure continued here in the bay as temperatures approached record highs in some sports. bill martin joins us with the hot spots. >> its really is hot out there right now. these are the current temperatures you can see there. 101 in antioch. looks like you will see a record in antioch. boy it's just as hot as it was yesterday. in some places it's a little warmer. some places a little cooler. but here's the story. things aren't changing around. we're tracking fog that's offshore. you know that's going to change your forecast. i'm going to be here around 5:20 and i'm going to have the complete forecast for you tomorrow. >> thank you, bill. >>> a christian legal group has filed a federal lawsuit. it prohibits license medical care professionals from practicing religious therapy they claim make gay and lesbian teens straight. governor brown signed the bill. the governor and the law supporters
. >>> a federal judge today lifted a ban of samsung tablets. the jury there ordered samsung to pay apple more than $1 million nor infringement. >>> the heat wave sure continued here in the bay as temperatures approached record highs in some sports. bill martin joins us with the hot spots. >> its really is hot out there right now. these are the current temperatures you can see there. 101 in antioch. looks like you will see a record in antioch. boy it's just as hot as it...
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samsung's stock got hit with the apple lawsuit. doesn't apply to the galaxy s3. buy samsung today. we think it's a good long-term holding. >> even though most people think apple. >> but take intel. ten times earnings because people are nervous about pc shipments. intel has a data center business. it's got a 25% return on equity. or go overseas to europe. the eurozone stocks have been hit by the european crisis. vote-a-phone owns 45%. or take kia motors, the large auto company in korea. kia is taking share away from global competitors. even though the eurozone is under real pressure, kia has increased its sales 25% in europe last year by taking market share away there. are good companies generating strong cash flow, strong balance sheets that are taking market share. >> to me it just sounds like you're talking about comcast. don't you wish you recommended that at 19 or 20? >> we're not that worried about the ones that we missed. >> have you watched? >> yes, i have. >> great management. >> great nt
samsung's stock got hit with the apple lawsuit. doesn't apply to the galaxy s3. buy samsung today. we think it's a good long-term holding. >> even though most people think apple. >> but take intel. ten times earnings because people are nervous about pc shipments. intel has a data center business. it's got a 25% return on equity. or go overseas to europe. the eurozone stocks have been hit by the european crisis. vote-a-phone owns 45%. or take kia motors, the large auto company in...
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the iphone 5 finished fifth, main competitor samsung finished 9th. topping the list with the least amount of hazardous materials motorola citrus. we have links to the study on abc7news.com. >>> oracle's ceo larry ellison says he plans to turn the ha ya island he bought into an eco lab. he wants to experiment with more environmentally sound ways to live on lanai. he hopes to convert seawater to freshwater. he would like to see more electric cars on the island instead of expensive jeeps that people currently rent. he wants to increase exports to japan and other markets. he bought 98% of lanai in june. the video is from oracle open world which is where he revealed those plans. >>> next, pilots for american airlines go back to the bargaining table. bloomberg business report is next. >>> race to complete new western span of the bay bridge. >>> important warning this morning about supplements for weight loss and health. why the feds want to get the skin if i any >>> welcome back. if you are staying at home, clouds increase along the coast this afternoon, h
the iphone 5 finished fifth, main competitor samsung finished 9th. topping the list with the least amount of hazardous materials motorola citrus. we have links to the study on abc7news.com. >>> oracle's ceo larry ellison says he plans to turn the ha ya island he bought into an eco lab. he wants to experiment with more environmentally sound ways to live on lanai. he hopes to convert seawater to freshwater. he would like to see more electric cars on the island instead of expensive jeeps...
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i still am loyal to my personal device is a samsung galaxy s2. i don't have it in my pocket because they make me take it out before i'm on camera. i've been in boxes moving over the past couple of weeks. so as soon as i get it unboxed, i'll be upgrading. i also carry apple devices as well. we're a cross-platform company today. you know, without the success of samsung, without the success of android, without the success of iphone from apple, we wouldn't have a market to go after. and it's that competition that leads to innovation throughout the industry. and we're hoping that that growth continues. i mean, four-fifths of the world don't have smartphones yet. and much of the world, including africa, southeast asia, their first interaction with the internet or with financial transactions is going to be through the mobile. it's not going to be through a pc. we're just at the beginning of this mobile revolution around the world. >> omar, thanks for your time. appreciate it. >> thanks for having me. >> omar khan of nq. >> come back and let us know when
i still am loyal to my personal device is a samsung galaxy s2. i don't have it in my pocket because they make me take it out before i'm on camera. i've been in boxes moving over the past couple of weeks. so as soon as i get it unboxed, i'll be upgrading. i also carry apple devices as well. we're a cross-platform company today. you know, without the success of samsung, without the success of android, without the success of iphone from apple, we wouldn't have a market to go after. and it's that...
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last year apple sued samsung in multiple countries and samsung countersued. >>> it is october, we're think being the holidays. americans are expected to spend more during the busiest shopping season of the year but they are also at the same time displaying more caution. the national retail federation says it is expecting sales during the winter holiday season to rise 4.1% this year, more than a percentage point lower than the growth in each of the last two years and it would be the smallest increase we've seen since 2009. the crash came up, people spent less in 2008 and spent more off of that relative basis. retailers depend on the last two months of the year for up to 40% of annual sales and the nrf is predicting merchants to hire between 585,000 and 625,000 holiday season workers. >>> boeing engineers and technical workers rejected a four-year contract offer. they'll return to the bargaining table today to strike a new labor agreement for 23,000 workers. the union and boeing agreed beforehand to resume talks today if the proposed pact was voted down, the current labor agreement exp
last year apple sued samsung in multiple countries and samsung countersued. >>> it is october, we're think being the holidays. americans are expected to spend more during the busiest shopping season of the year but they are also at the same time displaying more caution. the national retail federation says it is expecting sales during the winter holiday season to rise 4.1% this year, more than a percentage point lower than the growth in each of the last two years and it would be the...
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they say apple's new phone infringes on eight samsung patents. the two companies are battling for a bigger global share of the smartphone market. >>> an animal rights group is suing a petaluma egg producing saying it's using misleading packaging. they say that judy's organic eggs packaging shows cartoons of chickens appearing happy in an open field. >> if you look around, it speaks for itself. you see a series of sheds with thousands of hens inside them and look at the green fields and you don't see anyone roaming scratching or playing out there. >> the owner of the egg farm said he would not comment until after he has read the lawsuit. a family member though telling cbs 5 by telephone, the company never claimed its hens were free range but they are cage free and have access to open fields. >>> it's 5:51 right now. it's one of the hottest fashion brands in the world. the japanese import expected to draw big crowds in the bay area. >> and typhoon fury. the storm tossing cars and dumpsters like toys. we'll tell you where. >> the first live pictures
they say apple's new phone infringes on eight samsung patents. the two companies are battling for a bigger global share of the smartphone market. >>> an animal rights group is suing a petaluma egg producing saying it's using misleading packaging. they say that judy's organic eggs packaging shows cartoons of chickens appearing happy in an open field. >> if you look around, it speaks for itself. you see a series of sheds with thousands of hens inside them and look at the green...
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. >> and samsung is allowed to sell its galaxy 10.1 tablet computer in the u.s. a judge has lifted a ban on sales of the product after a jury found that it did not illegally use technology developed by apple for its iphones and ipads. but the jury found that many of samsung's other products did fringe on apple patents and ordered the company it pay apple $1 billion. yeah, apple needs that money so bad. >> another billion. >> don't you feel sorry for them? this is kind of strange. i'm reading that there's now a bulletproof case for smartphone? why do we need this? >> reporter: yeah. exactly. i mean, i guess you know you're in a bad neighborhood if you need that. but a japanese company claims its 4.5 pound case can stand up to a gunshot. a .50-caliber bullet was fired at the case. the phone cracked after the gushed sent it tumbling into rocks but the case held unfortunately. but the bulletproof case sells for $665. i don't think it's a big hot seller for the holidays. but i could be wrong. >> you should make it toddler proof. >> or waterproof because i have dumped
. >> and samsung is allowed to sell its galaxy 10.1 tablet computer in the u.s. a judge has lifted a ban on sales of the product after a jury found that it did not illegally use technology developed by apple for its iphones and ipads. but the jury found that many of samsung's other products did fringe on apple patents and ordered the company it pay apple $1 billion. yeah, apple needs that money so bad. >> another billion. >> don't you feel sorry for them? this is kind of...
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but whether it is an iphone, or a great samsung galaxy 3, we have a great set of capabilities for our customers and they're going to only get better. >> let me close with a somewhat wonky question about what having a separately traded stock means for t-mobile. what does that allow you to do? what does it say about the future, and what, if anything, does it imply about what deutsche telecom's sort of plan might be for its stake in the company? >> that's a great question. deutsche telecom is committed to the u.s. market. look at this as deutsche telecom's saying. we're doubling down. we believe in the growth of the u.s. market. this market is so much more growing and profitable than european markets. they're in this deal very excited. but what it also does is when we need to respond, we can go and we can tab debt markets, we can tap equity markets to position ourselves, continue to grow in this great space. it gives us a lot of possibilities an as a great growth stock we think it is going to give investors another alternative and amongst other things, consumers who have been waiting to
but whether it is an iphone, or a great samsung galaxy 3, we have a great set of capabilities for our customers and they're going to only get better. >> let me close with a somewhat wonky question about what having a separately traded stock means for t-mobile. what does that allow you to do? what does it say about the future, and what, if anything, does it imply about what deutsche telecom's sort of plan might be for its stake in the company? >> that's a great question. deutsche...
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the company says the technology can be easily added to any new samsung smart phone. unfortunately, not the iphone because the iphone 5 lacks that new chip technology. those who tested it liked it because it allows them to open doors, log on to a computer, buy large in the cafeteria with something they carry with them every day. >> i'm always calling security, i forgot my badge. no, really, this is laura. i anchor the morning news. >>> 5:56. let's check in with christina loren. no problems with her identification i hope. >> no, i just hand out head shots everywhere i go. temperatures are looking good. we got 89 degrees. 69 degrees at the coast. it's been abnormally warm and so you're probably wondering why are the leaves still changing colors? it's because it has more to do with the daylight. the amount of daylight. our autumn days grow shorter. there's chemical changes. that's what makes the leaves change color. it's still looking like wednesday. it's still looking like good news for oakland. no slowing north toward the plaza. another live look outside. how things ar
the company says the technology can be easily added to any new samsung smart phone. unfortunately, not the iphone because the iphone 5 lacks that new chip technology. those who tested it liked it because it allows them to open doors, log on to a computer, buy large in the cafeteria with something they carry with them every day. >> i'm always calling security, i forgot my badge. no, really, this is laura. i anchor the morning news. >>> 5:56. let's check in with christina loren. no...
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we saw a bit of profit taking on samsung electronics ahead of its q3 earnings guidance tomorrow. australian miners were lower, but banks lent support to the afx 200 ending at a 14 month high. weaker than expected august retail sales added to the case for further interest rate cuts. sensex stronger by 1% at the moment. >> let's pick it up with the european markets. equity to modest moves ahead of the bank of england rate decision. we'll have that for you live. louisa will help us figure out what's going on there. dax ahead of the ecb decision up by 0.3%. a few points added on to the cac, as well. spanish market managing to shift up by half of 1%. let's look at what's going on with the bond markets, too. again, in advance of the ecb decision, the ten year in germany very low, 1.45%. in spain, though, where much of the attention will fall. 5.9% right now. we do have a spanish bond auction later, so we'll bring you a bit more detail on that. italy, 5.12% for the benchmark ten year, which is very much more under control. and here in the uk, ahead of the bank of england, 1.69% is where
we saw a bit of profit taking on samsung electronics ahead of its q3 earnings guidance tomorrow. australian miners were lower, but banks lent support to the afx 200 ending at a 14 month high. weaker than expected august retail sales added to the case for further interest rate cuts. sensex stronger by 1% at the moment. >> let's pick it up with the european markets. equity to modest moves ahead of the bank of england rate decision. we'll have that for you live. louisa will help us figure...
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but will next year's blackberry 10 help stop the loss of market share to companies like apple and samsung, thorsten heins will join us first on cnbc. >>> the fight for the swing states. senator rand paul hoping to bring libertarian and tea party voters into the romney camp. we'll ask him about his message to voters in battleground states just north of his like ohio. >>> and it's the final trading day of the third quarter. find out what's making you money and what's dragging your portfolio down in our sector spotlight. >>> the third hour of "squawk box" starts right now. ♪ what does that mean nothing going to break my stride nobody going to slow me down ♪ ♪ oh no i got to keep on moving ♪ >> welcome back. i don't know. welcome back to "squawk box" here on cnbc first in business worldwide, i'm joe kernen along with becky quick and andrew ross sorkin, and our guest host is bethany mclean, author "the smartest guy in the room" the account of record on the fall of enron and she's a cnbc contributor and -- >> and also her doubles are here, her most recent book. >> we had seamus on last
but will next year's blackberry 10 help stop the loss of market share to companies like apple and samsung, thorsten heins will join us first on cnbc. >>> the fight for the swing states. senator rand paul hoping to bring libertarian and tea party voters into the romney camp. we'll ask him about his message to voters in battleground states just north of his like ohio. >>> and it's the final trading day of the third quarter. find out what's making you money and what's dragging...
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because right now people are saying, let me get into that samsung line. it's the greatest -- >> and then a difficult story to read, nokia apparently considering selling their 55,000 square foot headquarters in finland, burning the furniture. i don't know if they have reached that point or not. >> it does feel like a citizen cain situation burning there. i don't understand. nokia is literally -- it's like someone called me on "mad money" and said, nok means no. not okay. not okay to buy. i mean, people keep wanting to come in and say, listen, this is the bottom of nokia. one of the major things i learned while working in my hedge fund is that stocks do stop at zero so you may get lucky here. >>> when we come back, he's known for his winning bet at subprime. what is kyle bass betting now? especially about japan? and we'll talk to david faber at the barefoot economic summit in texas. then -- >> cuff links, gold ones. >> not on our watch. >> lifelock kicking off a big week for ipos. we'll bring you the opening trade and talk to the ceo about his company's wal
because right now people are saying, let me get into that samsung line. it's the greatest -- >> and then a difficult story to read, nokia apparently considering selling their 55,000 square foot headquarters in finland, burning the furniture. i don't know if they have reached that point or not. >> it does feel like a citizen cain situation burning there. i don't understand. nokia is literally -- it's like someone called me on "mad money" and said, nok means no. not okay....
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. >> almost sounds like you're coming down on the samsung lawsuits back and forth. everybody is suing everybody for i thought of it first, i came up with it the right way. >> that's the real problem in the high tech world is when you lose out in the marketplace you sue somebody. i wish we could get rid of all that crap. >> craig, stay where you are. julia, thank you for the report, very interesting stuff this morning. >> it is. >>> coming up more from craig barrett on the state of education and the future of america and later the first trading day of the fourth quarter ready to kick off on wall street. what's ahead this quarter and beyond with jeremy siegel. "squawk" is coming right back. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) h
. >> almost sounds like you're coming down on the samsung lawsuits back and forth. everybody is suing everybody for i thought of it first, i came up with it the right way. >> that's the real problem in the high tech world is when you lose out in the marketplace you sue somebody. i wish we could get rid of all that crap. >> craig, stay where you are. julia, thank you for the report, very interesting stuff this morning. >> it is. >>> coming up more from craig...